Smyrna Medical Plaza

Smyrna Medical Plaza was acquired as part of Davis’ strategic expansion into various high-quality markets across the nation in 2020 when they launched the Davis Medical Investors fund. Smyrna Medical represents one of the 17 transactions within this fund’s 753,000 square foot portfolio, which collectively represents $275 million in AUM. As a stabilized asset with long WALT, it aligned with Davis’ investment criteria targeting strategically located, Class A medical buildings with high acuity tenancy.

This property was one of three medical buildings acquired simultaneously in the state of Tennessee (Hartmann Medical Center, Smyrna Medical Plaza, and Crossings Medical Plaza). These assets were purchased from a prominent healthcare developer out of Nashville to provide immediate scale and market entry into this dynamic healthcare landscape, all within a concentrated radius. The properties feature a strong tenant mix that combines major health systems (including HCA/Heritage) alongside large independent physician groups, creating diverse, system-anchored occupancy.

Being located directly across from TriStar Summit Hospital, Smyrna Medical Plaza sits within a thriving healthcare corridor perfectly positioned to serve groups with operational ties or referral relationships within the Summit/HCA network. The properties strategic clustering within this well-established medical hub not only provided Davis with a concentrated foothold in the Nashville market but also helped support seamless care coordination between the facilities’ providers and the adjacent hospital system, cultivating measurable benefits for their tenants and the community they serve.